Federal reserve to increase interest rate in July and Sep.

[scubaforces]

Fed to lift rates by 75 basis points in July, 50 bps in September - Reuters poll

The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won't scale back to quarter-percentage-point moves until November at the earliest, according to economists polled by Reuters.

www.reuters.com

BENGALURU, June 22 (Reuters) - The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won't scale back to quarter-percentage-point moves until November at the earliest, according to economists polled by Reuters.

Last week the Fed hiked the federal funds rate by three-quarters of a percentage point, its largest rate increase since 1994, after official data just a few days earlier showed inflation unexpectedly rose despite expectations it had peaked.

 

[opteron]

100 points increment is not ruled out during the FAQ. ggwp

 

[scubaforces]

Singapore Overnight Rate Average (SORA)
compounded SORA 3 month

3 Jan 2022 - 0.1949
23 Jun 2022 - 0.6658

 

[A Better Tomorrow]

 

[scubaforces]

 

[tankgunner]

Good luck to those who took heavy loans

 

[princessreiko]

 

[Killertomato12]

Rates below 5% is still very manageable for most

 

[toasteroven]

Just round up to whole number mah.

 

[anggarda]

Rates below 5% is still very manageable for most

below 5% still ok?
1% ok
2% ok
.
.
.
4.75% still ok?

Lots of numbers below 5% , which number you offering to the cattle class as still ok?